Located in West Moonah is this superb opportunity for investment. This property is currently in the form of 3 flats and there is sufficient land for additional units (STCA) to be built. In fact the current owner has installed three more sewer connection points.
The current arrangement for the flats is as follows:
Flat 1: Original upstairs of the house plus an adjoining garage. This flat consists of 2 bedrooms, a lounge, a second living area (Possible 3rd bedroom), a bathroom, combined kitchen and dining, a garage and a nice deck with good northerly sun. Fit-out is original and could do with some TLC. Current rent is $245pw for this flat.
Flat 2: Modern 1 bedroom flat, Open plan living with lounge, combined kitchen/dining room, spa bathroom and one off street park. White goods are included in the sale as well. Expected rent for this flat is $230 pw.
Flat 3: Modern 1 bedroom flat, Combined kitchen/dining, separate lounge, spa bathroom, courtyard and one off street park. White goods are included in the sale as well. This flat is currently rented at $240 pw.
Please call to arrange an inspection on 0429 357 537.